2324 RIDGEPOINT DR TX 78754
| Owner | SL INDUSTRIAL LP |
|---|---|
| Parcel ID | 0229230203 |
| Short ID | 230744 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 41,150 SF |
| Land SF | 192,405 SF |
| Acres | 4.417 |
| Year Built | 1983 |
| Legal | LOT 1 CARMICHAEL JIMMY SUBD SEC 2 THE |
| Neighborhood | 66NEA |
| Land | $1,346,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,346,835 |
| Improvement | $8,953,165 |
|---|---|
| Total Improvement | $8,953,165 |
| Market | $10,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,300,000 |
| Taxable Value | $10,300,000 |
|---|
Appreciation: Market value has risen +46.1% from $7,051,201 (2021) to $10,300,000 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $226,877. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 13% of market value ($1,346,835 land vs $8,953,165 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,300,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +7.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $14,437,896 by 2031, with an estimated annual tax burden around $270,323. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 1ST | 1st Floor | 41,150 SF | ✓ |
| 093 | HVAC COMMRCL SF | 41,150 SF | ✗ |
| 881 | COMMCL FINISHOUT | 32,632 SF | ✓ |
| 501 | CANOPY | 5,731 SF | ✗ |
| 408 | LOADING RAMP | 144 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $103,814.40 | $103,814.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $50,305.63 | $50,305.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,081.12 | $36,081.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,330.21 | $11,330.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,926.40 | $9,926.40 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $211,457.76 | $211,457.76 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $103,814.40 | 49.1% |
| CAT City of Austin | 0.5240% | $50,305.63 | 23.8% |
| TCO Travis County | 0.3758% | $36,081.12 | 17.1% |
| THD Travis Central Health | 0.1180% | $11,330.21 | 5.4% |
| ACT Austin Community College | 0.1034% | $9,926.40 | 4.7% |
| Total | 2.2027% | $211,457.76 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,089,822 | $10,300,000 | -2.0% |
| Assessed Value | $10,089,822 | $10,300,000 | -2.0% |
| Land Value | $1,346,835 | $1,346,835 | +0.0% |
| Improvement Value | $8,742,987 | $8,953,165 | -2.3% |
| Taxable Value | $10,089,822 | $10,300,000 | -2.0% |
| Total Tax 2026 = estimate |
~$222,247
Estimated
|
~$211,458
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,089,822 | $1,346,835 | $8,742,987 | — | $10,089,822 | $10,089,822 | Not yet — post-cert | Preliminary |
| 2025 | $10,300,000 | $1,346,835 | $8,953,165 | — | $10,300,000 | $10,300,000 | ~$211,458 | Partial |
| 2024 | $9,528,000 | $1,346,835 | $8,181,165 | — | $9,528,000 | $9,528,000 | $188,668 | Verified |
| 2023 | $9,946,061 | $1,346,835 | $8,599,226 | — | $9,946,061 | $9,946,061 | $181,253 | Verified |
| 2022 | $7,900,000 | $1,346,835 | $6,553,165 | — | $7,900,000 | $7,900,000 | $171,822 | Verified |
| 2021 | $7,051,201 | $1,154,430 | $5,896,771 | — | $7,051,201 | $7,051,201 | $156,207 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2025 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2024 | -4.2% | -4.2% | ~100% | No billing data | Verified |
| 2023 | +25.9% | +25.9% | ~100% | No billing data | Verified |
| 2022 | +12.0% | +12.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.0% | +8.0% | +7.4% | +25.9% | 2023 | -4.2% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$211,458 | $181,881 | ~$250,859 | $211,458 | 2025 | $156,207 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,839,458 | ~$10,839,458 | ~2.1366% | ~$231,597 | +7.4% |
| 2028 | ~$11,644,790 | ~$11,644,790 | ~2.0705% | ~$241,110 | +15.4% |
| 2029 | ~$12,509,955 | ~$12,509,955 | ~2.0045% | ~$250,758 | +24.0% |
| 2030 | ~$13,439,399 | ~$13,439,399 | ~1.9384% | ~$260,508 | +33.2% |
| 2031 | ~$14,437,896 | ~$14,437,896 | ~1.8723% | ~$270,323 | +43.1% |
| 2027 | ~$10,637,662 | ~$10,637,662 | ~2.2027% | ~$234,314 | +5.4% |
| 2028 | ~$11,215,248 | ~$11,215,248 | ~2.2027% | ~$247,037 | +11.2% |
| 2029 | ~$11,824,194 | ~$11,824,194 | ~2.2027% | ~$260,450 | +17.2% |
| 2030 | ~$12,466,204 | ~$12,466,204 | ~2.2027% | ~$274,591 | +23.6% |
| 2031 | ~$13,143,073 | ~$13,143,073 | ~2.2027% | ~$289,500 | +30.3% |
| 2027 | ~$11,041,255 | ~$11,041,255 | ~2.1036% | ~$232,261 | +9.4% |
| 2028 | ~$12,082,404 | ~$12,082,404 | ~2.0045% | ~$242,187 | +19.7% |
| 2029 | ~$13,221,731 | ~$13,221,731 | ~1.9054% | ~$251,921 | +31.0% |
| 2030 | ~$14,468,491 | ~$14,468,491 | ~1.8062% | ~$261,336 | +43.4% |
| 2031 | ~$15,832,816 | ~$15,832,816 | ~1.7071% | ~$270,287 | +56.9% |
In 2025, this property's market value of $10,300,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $10,300,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $9,528,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $9,946,061 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,900,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,051,201 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |